624 W 26th San Pedro, CA 90731
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26067179
HOA Y/N No
Year Built 1948
Lot Size 5,370 Sqft
Property Sub-Type Duplex
Property Description
Opportunity in one of San Pedro's strongest and most consistent rental corridors. This duplex is priced for its current condition and presents a clear path to upside for both owner-occupants and investors who understand how to unlock value.
One unit will be delivered vacant, creating immediate flexibility. Move in and offset your mortgage with rental income. Renovate and reposition the asset. Or lease at market rent and stabilize cash flow from day one. The second unit provides in-place income in a high-demand rental pocket with historically strong occupancy.
The lot offers additional potential, including the ability to explore ADU development for expanded income streams or multigenerational living (buyer to verify). For those thinking long-term, this is the kind of property where small improvements can materially shift both rents and overall valuation.
Positioned near the rapidly evolving LA Waterfront, the property benefits from proximity to Cabrillo Beach, Point Fermin Park, the Korean Bell of Friendship, and the Battleship USS Iowa Museum. It also sits just minutes from the highly anticipated West Harbor development, a transformative project bringing dining, retail, and entertainment to the waterfront.
This is not a turnkey property. It's better. It's an opportunity to step into a market with momentum and create your own equity.
Location
State CA
County Los Angeles
Area 181 - Point Fermin
Interior
Fireplaces Type None
Fireplace No
Laundry In Kitchen
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Curbs, Dog Park, Hiking, Park, Storm Drain(s), Street Lights, Suburban, Sidewalks, Water Sports
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7465010023
Acceptable Financing 1031 Exchange, Trust Conveyance
Listing Terms 1031 Exchange, Trust Conveyance
Special Listing Condition Standard, Trust
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